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FP Trading Desk (Canada) 08/17/2019 02:03
HONG KONG — Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Ltd on the timing of its planned $15 billion listing in the city, with sources saying China’s biggest e-commerce company is now considering several timetables. New York-listed Alibaba was most likely to launch the offer – potentially the world’s biggest […]
FP Trading Desk (Canada) 08/16/2019 11:08
LONDON — Argentina’s latest financial market shock has failed to swamp other emerging markets in the way its previous plunges have done – in part due to the increasing isolation of the country’s credit and investments from the rest of the pool. Argentina’s economy and banking system are probably too small to cause significant ripple […]
FP Trading Desk (Canada) 08/16/2019 10:58
MEXICO CITY — Reducing Mexico’s stubborn core inflation, running at 3.8 percent, is a challenge for the central bank, its governor told Reuters on Thursday, after it cut its key lending rate for the first time since June 2014. The Bank of Mexico (Banxico) cited slowing inflation and increasing slack in an economy hampered by […]
FP Trading Desk (Canada) 08/16/2019 10:53
LONDON — Veteran British lawmakers from the ruling Conservative and opposition Labour parties have both said they would be willing to lead an emergency government to halt a no-deal Brexit, the leader of the pro-EU Liberal Democrats said on Friday. The suggestion that either Conservative Ken Clarke or Labour’s Harriet Harman – parliament’s longest serving […]
FP Trading Desk (Canada) 08/16/2019 07:34
LONDON — The dollar rallied on Friday, hitting a two-week high against the euro and reaching its strongest in more than 17 years against the Norwegian crown as expectations for lower interest rates weighed on the European currencies. The euro fell to $1.1073, within a whisker of the two-year low it reached at the beginning […]

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